World’s largest steelmaker ArcelorMittal may set up a solar farm on land alloted to it for a steel plant in Ballari district of Karnataka, in view of excess global steel capacity and delays in securing raw materials. The company had entered into a pact with Karnataka government for setting up …
Bhubaneswar: Two of the world's leading steel-makers, ArcelorMittal and Posco, had proposed to invest Rs 91,000 crore for setting up mega steel units in Odisha, but their actual investment was negligible even about half a decade after signing MoUs with the state government. While ArcelorMittal had proposed to invest Rs …
The government would give a special dispensation to state-owned entities such as NTPC for the development of captive blocks under a new policy to be announced within a week, coal minister Sriprakash Jaiswal told FE in an exclusive interview. The policy on development of captive blocks will, however, be tough …
The 12 million tonne per annum project, proposed in Orissa and billed as the largest FDI in India, does not encroach forest land and should be given go ahead at the earliest." Kim Jong-Hoon South Korean trade minister South Korea on Thursday urged India not to "disregard" the importance of …
NEW DELHI: The Central Government on Monday said it would decide next month the fate of captive coal blocks lying idle with 82 companies, including ArcelorMittal, Tata Steel and NTPC, which have been issued notices for not developing them within the stipulated time.
ArcelorMittal, Tata Group & JSW Group Among 1,000 Applicants P P Thimmaya BANGALORE The Karnataka government, which recently took steps to restrict the export of iron ore, has received over 1,000 applications including from top steelmakers such as ArcelorMittal India, the Tata Group and the JSW Group, to mine for …
Global steel major ArcelorMittal will build smaller plants, each of three-million tonne capacity, in Jharkhand, Orissa and Karnataka, as per the company
BHUBANESWAR: In tune with its new strategy for India, ArcelorMittal has decided to go ahead with its steel plant project in Orissa in phases of three million tonne capacity each. With the fate of all the big ticket projects in the State, including Posco
THEY were once held up as the three core projects that would catapult Orissa into the big league and as one of the most favoured business destinations globally. But five years down the line, the dreams have turned sour for Arcelor-Mittal India, Posco and Vedanta Resources as long delays in …
Steel giant ArcelorMital today said it will cut the investment and size of its proposed Rs 50,000-crore Jharkhand plant to half for now. L N MittalHowever, it maintained that in the
Steel baron Lakshmi Mittal believes ArcelorMittal's two giant steel projects in India, planned since 2005, were "highly unlikely to be realised", and said his new strategy is to have a number of smaller steel-making hubs. L N Mittal In an interview to the Financial Times in Tokyo, Mittal has said …
Villagers Sign Binding Agreement With Steelmaker; Hopes To Get Remaining 1,000 Acres By December STEEL giant ArcelorMittal, which has faced delays in acquiring land for its steel projects over the past four years, has signed a binding memorandum of understanding with the villagers of Bokaro for its proposed 12-million tonne …
New Delhi, Sept. 8: The coal ministry has decided to issue show-cause notices to various coal companies to de-allocate 93 coal and four lignite blocks for not making sincere efforts for the development of these blocks for the past several years. The decision was taken at a high-level meeting recently …
